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Kaleb Gutierrez

kalebgutieragent@gmail.com +1(949) 680-5608

$2,650,000

Est. payment - /mo

10,284 Sqft Lot

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26227888

HOA Y/N No

Year Built 1968

Lot Size 10,284 Sqft

Property Sub-Type Apartment

Property Description

Rare opportunity to acquire an 8-unit multi-family property featuring exclusively Two-Story Townhouse-Style units in the highly desirable North Whittier location. Delivering an attractive 6% current CAP Rate, this unique investment offers excellent day-one cash flow, oversized floor plans, substantial property improvements, and an exceptional location.

The property features an outstanding unit mix consisting of one extra-large 3-Bedroom/2-Bath Townhouse, four 3-Bedroom/1.5-Bath Townhouses, and three 2-Bedroom/1.5-Bath Townhouses, totaling approximately 9,486 rentable square feet on a 10,286 sq. ft. lot. These spacious, two-story layouts offer a residential feel rarely found in traditional apartment communities, appealing to discerning renters seeking larger living spaces, added privacy, and the comfort of townhouse-style living.

Significant property improvements include a new roof, copper plumbing upgrades throughout the majority of the property, and updated interiors in most units, including; remodeled kitchens, bathrooms, flooring, and more. Residents also enjoy onsite covered parking and a laundry facility, while tenants pay for their own electricity and gas, contributing to an efficient expense structure for ownership.

Ideally situated just off Beverly Boulevard in North Whittier, the property offers convenient access to shopping, dining, schools, and surrounding employment centers. Combining a rare all-townhouse configuration, an exceptional unit mix, extensive improvements, and strong current financial performance, this is a distinctive multifamily investment offering that stands apart from conventional apartment properties in the market.

Location

State CA

County Los Angeles

Area 670 - Whittier

Zoning WHR3*

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Covered, Tandem

Fence Block

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

View None

Roof Type Flat

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 8129030035

Energy Description 5400.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Kristopher German RE/MAX 2000 REALTY 909-645-0443, DRE #01800021

NEARBY SCHOOL & BUSINESS

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